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MPLX GP LLC

Founded by : Michael J. Hennigan, 1 January 2012

Pittsburg County, United States
Oil, Gas & Consumable Fuels
More than 5000 employees
https://www.marathonpetroleum.com/Jobs/

About the Company

MPLX LP is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation. The company operates in two segments: Logistics and Storage, and Gathering and Processing. MPLX LP owns and operates a network of crude oil and refined product pipelines and terminals across the United States. Additionally, it has an extensive system of natural gas gathering pipelines and processing plants. The company is committed to enhancing value for its shareholders through organic growth projects and strategic acquisitions. As of December 31, 2020, MPLX LP had total assets of $39.9 billion and employed approximately 2,600 people. MPLX's pipeline network plays a critical role in facilitating the movement of energy resources from production areas to refineries, distribution hubs, and export terminals. They are also involved in the storage of hydrocarbons, ensuring a steady and reliable supply chain for the energy industry. The company's commitment to safety, environmental stewardship, and regulatory compliance is paramount, reflecting its dedication to responsible operations. As a growth-oriented MLP, MPLX continually seeks expansion opportunities through strategic acquisitions, investments, and development projects. This approach has contributed to the company's steady growth and its ability to generate attractive returns for its unitholders.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, MPLX GP LLC’s industry classification falls within the following categories:
  • Sector: Energy
  • Industry group: Energy
  • Industry: Oil, Gas & Consumable Fuels
  • Sub-Industry: Oil & Gas Storage & Transportation
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Company Address

McAlester, OK 74501, USA

Source : Google maps

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